Highlights: The Australian share market finished the fiscal year with its best performance since inception, with the market gaining 23.9% over the past 12 months (on a capital return basis beating even the 23.7% seen in FY 2007). US employment surprised as non-farm payrolls came in well above expectations, despite a slight increase in the…
Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, July 2021
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Economic Update
At its meeting today, the Board decided to: retain the April 2024 bond as the bond for the yield target and retain the target of 10 basis points continue purchasing government bonds after the completion of the current bond purchase program in early September. These purchases will be at the rate of $4 billion a week until…